DSCR
Underwritten on the property, not on your paycheck.
Rental financing assessed primarily on the income the asset generates.
What it is
A DSCR loan looks at the debt service coverage ratio of the property — the relationship between the income it produces and the debt it carries — rather than at the borrower’s personal income. It is generally used once a property is stabilised and producing rent.
When it fits
A finished renovation you decide to keep
The flip becomes a rental, and the financing moves from short-term to long-term.
A growing rental portfolio
Each property is assessed on what it earns, so the portfolio can keep expanding.
Income that does not fit a conventional file
Self-employed investors, foreign nationals, or borrowers whose tax returns do not reflect the strength of the asset.
What is a DSCR loan?
Financing for rental property underwritten primarily on the income the property generates rather than on the borrower's personal income. It is generally used to hold a property as a rental once it is stabilised.
Can foreign investors or non-U.S. citizens apply?
Foreign national investors do participate in U.S. real estate financing, and the structures available differ from those for U.S. citizens. Eligibility depends on the specific programme, the property and the transaction — send us the deal and we will tell you what can be structured.
What information do I need to submit a deal?
To start: the property address, the purchase price, the estimated renovation budget, the expected after-repair value and your exit strategy. Requirements can vary by product and by transaction, so we will tell you what else is needed once we have seen the deal.
Have a deal on the table?
Send us the property, the numbers and your exit strategy. We will come back with how it can be capitalised.